Historic East Side restaurant building sold

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An historic building on Milwaukeeโ€™s East Side, formerly occupied by DiModa Pizza & Hotspot and Trocadero Gastrobar before that, has been sold.

An affiliate of Wild Planet Hospitality, which owned DiModa Pizza, sold the 132-year-old building to Mexcaleria & Cocina LLC for $985,000, according to state records. David Barry and Nick Zurich of the Barry Company represented the seller in the transaction.

The registered agent for Mexcaleria & Cocina LLC is Alberto Valdepena, according to state records. Contacts for the buyer of the building could not be reached for comment.

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Trocadero, owned by The Lowlands Group, occupied the building for 16 years. Wild Planet Hospitality, which also owns Red Rock Saloon and McGillycuddyโ€™s in Milwaukee, purchased the building in 2014 for $1 million. In 2017, Wild Planet opened DiModa Pizza, which closed in December of 2019.

โ€œMilwaukee has a great restaurant presence, especially on Water Street,โ€ said Zurich. โ€œExisting restaurants have stayed in operation through the pandemic and now new businesses are moving in to take advantage of all of the business.โ€

 

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